PRINTER'S NO. 518
No. 469 Session of 1975
INTRODUCED BY WAGNER, GRIECO AND SPENCER, FEBRUARY 18, 1975
REFERRED TO COMMITTEE ON JUDICIARY, FEBRUARY 18, 1975
AN ACT
1 Amending Title 15 (Corporations and Unincorporated Associations)
2 of the Pennsylvania Consolidated Statutes, providing for
3 recording of articles of incorporation of nonprofit
4 corporations.
5 The General Assembly of the Commonwealth of Pennsylvania
6 hereby enacts as follows:
7 Section 1. As much as relates to sections 7318 and 7319 of
8 the subchapter analysis of Subchapter B of Chapter 73 of Title
9 15, act of November 25, 1970 (P.L.707, No.230), known as the
10 Pennsylvania Consolidated Statutes, added November 15, 1972
11 (P.L.1063, No.271), are amended to read:
12 SUBCHAPTER B
13 INCORPORATION GENERALLY
14 Sec.
15 * * *
16 7318. Filing and recording of articles.
17 7319. Effect of filing and recording of articles of
18 incorporation.
19 * * *
1 Section 2. Sections 7318 and 7319 of the act are amended to
2 read:
3 § 7318. Filing and recording of articles.
4 (a) Filing.--The articles of incorporation shall be filed in
5 the Department of State.
6 (b) Recording.--The articles of incorporation shall be
7 recorded in the office of the recorder of deeds of the county in
8 which the principal office of the corporation in this
9 Commonwealth is located.
10 § 7319. Effect of filing and recording of articles of
11 incorporation.
12 Upon the filing of the articles of incorporation in the
13 Department of State, the corporate existence shall begin.
14 Subject to the provisions of section 7990 of this title
15 (relating to actions to revoke corporate franchises), the
16 articles of incorporation filed in the Department of State, and
17 recorded in the office of the recorder of deeds of the county in
18 which the principal office of the corporation in this
19 Commonwealth is located, or approved by the court and recorded
20 in the office of the recorder of deeds under the former
21 provisions of law, shall be conclusive evidence of the fact that
22 the corporation has been incorporated.
23 Section 3. This act shall take effect in 60 days.
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